Klövern: Transfer of possession of Globen City

April 11, 2014 07:08 ET | Source:Klövern AB

Closing of the acquisition of Globen City, involving the properties Arenan
2, 3, 6 and 8 in Stockholm, and Startboxen 3 in Solna has taken place today, and
possession has been transferred to Klövern.
Total lettable area amounts to approximately 140,000 sq. m. and consists
primarily of office space. This acquisition increases Klövern's exposure to
Stockholm substantially, after the transaction the Stockholm Region will account
for around 50 per cent of Klövern's property value.
The acquisition was initially communicated on 24 January in connection with the
signing of a letter of intent and was subsequently followed up by an additional
press release on 10 March after the signing of a contract to finalize the
transaction.
For further information, please contact:
Rutger Arnhult, CEO, +46 70-458 24 70, rutger.arnhult@klovern.se
Lars Norrby, IR, +46 76-777 38 00, lars.norrby@klovern.se
Klövern is a real estate company committed to working closely with customers to
offer them efficient premises in Swedish growth regions. As of 31 December
2013, the value of the properties totalled approximately SEK 24.1 billion and
the rental value on an annual basis was around SEK 2.6 billion. Klövern is
listed on Nasdaq OMX Stockholm Mid Cap. For further information, see
www.klovern.se.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Phone:
+46 155-44 33 00, fax: +46 155-44 33 22,
e-mail: info@klovern.se.
This information is such that Klövern AB (publ) is obliged to disclose under the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was made available for publication on 11 April 2014.
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